Is the #Media Prepared for an Extinction-Level Event?

The Washington Post’s new #publisher and C.E.O., Will Lewis, was more clearly bearish on subscriptions. “That subscription-based model is now #waning and then will enter a more significant period of decline,” he said. “There’s very positive evidence of how news can be accessed and paid for in more innovative ways. There are day passes that are successful, there’s week passes, there are models like the #Guardian where you can make #donations. So there’s a whole new generation of paying user concepts. I’m pretty excited about it. I think it’s #newsroom 3.0.”

Source: https://www.newyorker.com/news/the-weekend-essay/is-the-media-prepared-for-an-extinction-level-event

#news #newspaper #press #journalism #future #finance #economy #capitalism #society #problem